1-bedroom flat · SA1 1PL
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no deposit Rent £950pcm Bond from £1050 Holding Deposit: £218 A modern fully furnished third floor one-bedroom apartment available to let in the Meridian Quay development.
This one well furnished apartment comprises of one double bedroom, lounge, fully fitted kitchen with integrated appliance and bathroom with shower over bath.
Benefits include electric storage heating and being set close to the city centre and has superb Sea views and one underground allocated parking space in Meridian Bay. EPC Rating C. Council tax band D.
Available from 10th of October . Tenancy from 6 months. Please refer to Ofcom checker for further information regarding Broadband and Mobile coverage.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 103 Meridian Bay, Meridian Quay
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